PPP Loan Data — The Logistics Company Inc, Fayetteville, NC
The Logistics Company Inc is a corporation located at 3400 Walsh Pkwy in Fayetteville, North Carolina that received a Coronavirus-related PPP loan from the SBA of $5,995,599.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
The Logistics Company Inc in Fayetteville, NC received a Paycheck Protection Loan of $6M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Logistics Company Inc's total 2019 payroll expenses were approximately $28.78M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $57,558 per employee1.
Business Information - The Logistics Company Inc in Fayetteville, NC
3400 Walsh Pkwy
Fayetteville, NC 28311
Facilities Support Services (NAICS code 561210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-08
Industry PPP Comparison Statistics
Nationwide, 1,765 businesses in the "Facilities Support Services" industry received a total of $434,144,705.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 22 employees, 96% lower than The Logistics Company Inc's reported 500 employees, and received an average PPP loan of $245,974, 96% lower than this company's loan of $6M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!